Akara Diversity PK seeks fresh money
Swiss Prime Site Solutions is conducting an issue for the Akara Diversity PK fund. The target issue volume is CHF 50 million.
Akara Diversity PK, which invests in residential and commercial real estate, is carrying out a capital increase from May 8. Up to 44,560 new shares are to be issued at an issue price of CHF 1,146.00, with 36 existing shares entitling the holder to subscribe for one new share. The issue will be carried out on a "best effort basis" as part of a subscription offer to investors in Switzerland, Swiss Prime Site Solutions announced. The subscription period will run from May 8 to May 26, and the fund units will be paid on June 9.
The fresh money - up to CHF 50 million - will be invested in the further development of the portfolio, according to Swiss Prime Site Solutions. The proceeds from the issue will be used for obligations arising from the various construction projects, it says. At the same time, the company wants to make it possible for new investors to join the group of investors. (ah)
